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  • GAAP in Practice
    and lapse assumptions that are inherent in the direct business benefit reserve. Coinsurance If the ... benefit and expenses) on the ceded business from the direct reserves. Where the ceding company receives a first-year ...

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    • Authors: Clayton A Cardinal, Melvin L Gold, Frederick S Townsend, Paul L Weichert
    • Date: Oct 1973
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • General Purpose Financial Statement Insurance Reserve
    funds. 2. The premium tax is suficiently in- direct to avoid political repercussion to the general ... receipts factor would not be too hard with regard to direct premiums but probably the in- come from property ...

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    • Authors: Clayton A Cardinal
    • Date: Jun 1972
    • Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Actuary Magazine
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Trends In GAAP And Statutory Financial Statements
    reserves. The entire recordkeeping is done by the primary carrier and there is no way to review the in force ... company's ability in reaching its own goal. The primary economic goal of a mutual company is to provide ...

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    • Authors: Clayton A Cardinal, Ellis D Flinn, Richard S Robertson, Paul E Sarnoff
    • Date: Jun 1976
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting